Yu Weiwen, president of the Hong Kong Financial Administration, said that the economic recovery of Hong Kong's first quarter has a good economic recovery and consumption has rebounded significantly. This year, economic growth is expected to reach high -end high -end government forecasts of 3.5%to 5.5%.

Comprehensive Ming Pao and Radio Hong Kong reported that Yu Weiwen made the above statements at the Bloomberg Wealth Summit on Tuesday (May 9).

He said that the current peripheral environment is still very challenging. Hong Kong exports have been affected by the slowdown of global economic growth, but the economy in the first quarter of this year is 2.7%year -on -year, which is mainly benefited from visiting Hong Kong to drive retail sales.And investment growth shows that Hong Kong's economic rebound has a strong momentum.

Yu Weiwen said that the Hong Kong government predicts that Hong Kong's economic growth throughout the year will reach 3.5%to 5.5%this year. He expects that Hong Kong's economic growth this year can reach the high -end range predicted by the Hong Kong government.

In addition, Yu Weiwen said that the HKMA will host three activities this year to celebrate the 30th anniversary of the establishment, including the International Financial Leadership Summit in November this year. At present, 30 financial institutions have confirmed to attend.Will continue to rise.

He mentioned that Hong Kong's first quarter of deposits increased steadily and increased by 0.5%year -on -year. The global account opening inquiry also continued to rise. In particular, American technology companies and venture capital funds had decentralized risks.

He said that the Hong Kong Government has recently launched many measures to attract family offices and technology companies, and plans to restart investment immigrants. Therefore, it is believed that as Hong Kong resumes foreign customs clearance, the potential of wealth management customers will continue to expand.